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At risk of sounding complicit in an effort to launder Bankman-Fried’s reputation, I want to say simply that the Times article is … fine. In about 1,500 words, Yale-grad Yaffe-Bellany tries to distill a narrative that really requires a book. In a story where so much is still speculation, there
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The ex-CEO of bankrupt crypt exchange FTX claims liquidity, not insolvency, is the issue. Source
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Sam Bankman-Fried, the founder and former CEO of the now-bankrupt cryptocurrency exchange FTX, created a strange Twitter thread starting on Nov. 14, attracting the attention and speculation of the crypto community.The latest tweet at the time of writing, posted by Bankman-Fried at 5:30 am UTC on Nov. 15, is Bankman-Fried
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The fall of a big player in the crypto trading sector has created a domino effect: lack of liquidity, according to a new report from Kaiko Research. Source
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“His childhood, early success on Wall Street, embrace of effective altruism and the creation of a crypto empire that catapulted him in record time into the ranks of the richest people in the world seemed more than sufficient for a signature Michael Lewis book,” the letter said. “The events of
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Bankman-Fried’s exchange and trading firm had purchased a total of 58,086,686 SOL tokens from the Foundation and sister entity Solana Labs from August 2020 onwards, the blog post said. The Foundation said it is unclear what will happen to those assets during bankruptcy proceedings. Source
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FTX former CEO Sam Bankman-Fried, co-founder Gary Wang and director of engineering Nishad Singh are understood to be in the Bahamas and are “under supervision” by the local authorities. The source familiar with the matter told Cointelegraph that the three former FTX executives, an Alameda Research CEO Caroline Ellison are looking
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FTX founder Sam Bankman-Fried has denied speculation that he’s fled to Argentina as the saga surrounding his collapsed cryptocurrency exchange continued to unfold in near-real time on Twitter. In a text message to Reuters on Nov. 12, Bankman-Fried, who also goes by SBF, said he was still in the Bahamas. When
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Tracing the CryptoX Market Index (CMI) through key news developments in the swift unraveling of billionaire Sam Bankman-Fried's crypto empire shows just how quickly the speculation kept shifting. Source
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Sam Bankman-Fried handed over control of his company to the veteran Wall Street bankruptcy lawyer who will guide the company’s Chapter 11 process. Source
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